The Central Board of Direct Taxes (CBDT) has extended the due date for furnishing tax-audit reports under section 44AB for the relevant assessment year. The extension follows representations from professional bodies citing portal load and the volume of reconciliations required this season.
What changed
Assessees subject to tax audit now have additional time to file Form 3CA/3CB along with the detailed particulars in Form 3CD. The extension also moves the consequential return-filing date for audit cases.
What you should do
- Do not treat the extension as a reason to delay reconciliations — GST, TDS and books reconciliations are the long pole in most audits.
- Confirm related-party and section 40A(2)(b) disclosures early.
- Where ESOP, capital-gains or foreign-asset positions are involved, align the audit particulars with the return.
This is a sample alert prepared to demonstrate the alert template. Verify the operative dates against the latest CBDT notification before relying on them.
Speak to our Audit & Assurance team if you need help closing your audit cleanly within the revised timeline.